Be patient. Besides the recent land sale announcement and expected to be complete in 6-12 months. This sale will garner gain of Rm 0.2739/share. MPHB-Cap has many lands awaiting for sale. Details in MPHB-Cap listing prospectus.
This is a very good fundamental company. Deeply undervalued, will reach RM1.80-RM2 by end of the year if our economy climate remains stable. Currently it is below RM1.40 is really cheap. Grab slowly whenever you have the chance.
I think they know what is coming..... if not, why the hassle of demerger exercise? What I know for now is that this is a fundamentally sound company. Also, the news of third bridge linking Johor-Sinagpore will be the next booster for this counter.
My remisier friend told me that Nomura Securities is buying heavily yesterday on this counter, this means, foreign funds are buying. No wonder the price has been moving upwards nicely recently.
this counter treded below market price...Maybank FV is RM 1.980 which current price @ RM 1.520 is undervalued it promising counter and "Gold Mines" now foreign fund already jump in..local trader and investor will start looking for this counter.. perfect new listing counter for mid terms investment
still remember below statement?? Few reasons for why MPHBCAP is on uptrend: 1. issue of share overhang over, demand exceed suppply now 2. undervalue, and now more investors realise the potential of it 3. more research houses start to cover this stock 4. original shareholders of MPHB (now MAGNUM) will get their monies from special dividend and use it to purchase this stock, furthermore MAGNUM now is fully valued, they will sell MAGNUM and buy MPHBCAP. 5. Being a Mid Cap stock, potential for EPF to purchase
Awesome! Bought at RM1.4! Target sell RM1.8. I think the land deal is going through. They have parcels and parcels of land to claim. Hold on to this undervalue stock!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rioxyoshi
78 posts
Posted by rioxyoshi > 2013-08-29 23:44 | Report Abuse
haiz... not fly, need wait other 5 years laio.